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Qantas warns coronavirus impact of as much as $99m

The warning comes as concerns grow over the impact of the outbreak on airlines and the global economy.

Source: BBC News - Business | 20 Feb 2020 | 3:59 pm(NZT)

Google plans to move UK users' accounts outside EU jurisdiction

Google is planning to move its British users' accounts out of the control of European Union privacy regulators, placing them under U.S. jurisdiction instead, the company confirmed late on Wednesday.

Source: Reuters: Business News | 20 Feb 2020 | 3:40 pm(NZT)

Oil rises on supply worries, while virus-led demand concerns ease

Oil prices rose nearly 1% on Thursday, extending big gains from a day earlier, as the market worried about crude supply disruptions and demand concerns were cushioned after a sharp drop in new coronavirus cases at the epicenter of the outbreak.

Source: Reuters: Business News | 20 Feb 2020 | 3:18 pm(NZT)

Brexit complicates EU Budget plans

Leaders are meeting this week to discuss Budget plans in challenging discussions.

Source: BBC News - Business | 20 Feb 2020 | 2:13 pm(NZT)

Slowing virus, China stimulus hopes support stocks, yen nurses losses

Asian stocks edged up on Thursday, supported by a fall in coronavirus cases and expectations of more Chinese stimulus to offset the economic impact of the epidemic, while the Japanese yen nursed heavy losses after suffering its steepest drop in six months.

Source: Reuters: Business News | 20 Feb 2020 | 2:13 pm(NZT)



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Fed policymakers cautiously optimistic on U.S. economy despite new risks, minutes show

Federal Reserve policymakers were cautiously optimistic about their ability to hold interest rates steady this year, minutes of the central bank's last policy meeting showed, even as they acknowledged new risks caused by the coronavirus outbreak.

Source: Reuters: Business News | 20 Feb 2020 | 1:45 pm(NZT)

Fed staff float plan to end term-repo after April, minutes show

Senior Federal Reserve staff proposed ending longer-term loans to banks after April as part of a broader blueprint laying out how the central bank could scale back the support provided to money markets, the minutes from the January policy meeting showed.

Source: Reuters: Business News | 20 Feb 2020 | 1:45 pm(NZT)

Lofty stocks, hefty debt sow seeds of worry for some at Fed

Rock-bottom corporate bond yields, high levels of business debt and one of the fastest expansions of stock market valuations on record are worrying some Federal Reserve officials who fret such financial imbalances could aggravate any negative shocks to the U.S. economy.

Source: Reuters: Business News | 20 Feb 2020 | 1:45 pm(NZT)

'Alternative milks are killing our dairy farms'

As Americans drink less cow's milk, US dairy farmers say they are struggling to get by.

Source: BBC News - Business | 20 Feb 2020 | 1:29 pm(NZT)

Sinn Fein surge puts Irish economy in the spotlight

As the Irish parliament convenes to try to choose its new leader, concerns about inequality linger.

Source: BBC News - Business | 20 Feb 2020 | 1:27 pm(NZT)



My Money: 'My husband and I have 90 minutes together each week'

As part of a new BBC blog series, Maura Hannon from Switzerland shares what she spent her money on this week.

Source: BBC News - Business | 20 Feb 2020 | 1:25 pm(NZT)

S&P 500, Nasdaq hit record closing highs, lifted by China stimulus hopes

The S&P 500 and Nasdaq rose to record closing highs on Wednesday as optimism that China would take more measures to prop up its economy eased concerns about the economic impact of the coronavirus epidemic.

Source: Reuters: Business News | 20 Feb 2020 | 1:13 pm(NZT)

New polymer £20 featuring painter Turner enters circulation

A new polymer £20 banknote featuring artist JMW Turner starts to appear in ATMs on Thursday.

Source: BBC News - Business | 20 Feb 2020 | 1:04 pm(NZT)

No-fault evictions: 'Our lives are falling apart'

Becky Palmer and her family were given two months to leave a home they had rented for 12 years.

Source: BBC News - Business | 20 Feb 2020 | 1:02 pm(NZT)

U.S. meeting on Huawei, China policy still on for Thursday despite Trump tweets: sources

A meeting of U.S. government officials to discuss further curbs on exports to Huawei and China is still on for Thursday, two sources said, despite a pushback from President Donald Trump against stricter limits on shipments of U.S. products overseas.

Source: Reuters: Business News | 20 Feb 2020 | 12:58 pm(NZT)

Fresenius Medical says fourth-quarter operating profit up 3%

Germany's Fresenius Medical Care on Wednesday said quarterly adjusted operating income edged 3% higher as growth in dialysis services and products was partly offset by a negative adjustment for accounts receivable in a legal dispute in North America.

Source: Reuters: Business News | 20 Feb 2020 | 12:42 pm(NZT)

Boeing, crash victims' lawyers negotiate over access to 737 MAX documents

Boeing Co and lawyers representing families of victims of a 737 MAX crash agreed in court on Wednesday to hold a conference call with U.S. government crash probe authorities over access to documents related to the now-grounded aircraft's design, development and two fatal disasters involving it.

Source: Reuters: Business News | 20 Feb 2020 | 12:08 pm(NZT)

Boeing could lose state tax break amid tariff fight

Lawmakers in Washington state say they want to avoid a trans-Atlantic tariff war.

Source: BBC News - Business | 20 Feb 2020 | 11:23 am(NZT)



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China's HNA emerges as recent buyer of A330neo jets amid revamp: sources

Debt-laden HNA Group has restructured jet orders with Europe's Airbus in a compromise deal that includes an order for dozens of A330neo jets, two people familiar with the matter said, amid reports of a wider shake-up at the Chinese conglomerate.

Source: Reuters: Business News | 20 Feb 2020 | 11:14 am(NZT)

Virgin Galactic looks like newest cult stock as short sellers dig in

Wall Street's newest cult stock appears to be Richard Branson's Virgin Galactic Holdings Inc , as investors drive shares of the space tourism company to sky-high levels and short sellers dig in their heels.

Source: Reuters: Business News | 20 Feb 2020 | 10:58 am(NZT)

Immigration: No visas for low-skilled workers, government says

Ministers urge firms to stop relying on "cheap labour", but critics warn of damage to the economy.

Source: BBC News - Business | 20 Feb 2020 | 10:42 am(NZT)

WH Smith in spat with Telegraph over pricing

The UK retailer has removed the Daily Telegraph newspaper from 120 shops in railway stations.

Source: BBC News - Business | 20 Feb 2020 | 8:03 am(NZT)

Airbus Defence and Space to cut more than 2,300 jobs

The space and defence business of Airbus said it will get rid of 357 roles in the UK out of nearly 4,000 staff.

Source: BBC News - Business | 20 Feb 2020 | 7:03 am(NZT)

The Wet'suwet'en conflict disrupting Canada's rail system

PM Justin Trudeau is under growing pressure to solve a conflict over a pipeline as trains sit idle.

Source: BBC News - Business | 20 Feb 2020 | 6:55 am(NZT)

Whitney Houston’s Estate Plans a Hologram Tour and a New Album

The family of the singing star, who died seven years ago, has reached a deal with the marketing company behind the posthumous resurgence of Bob Marley.

Source: NYT > Business | 20 May 2019 | 9:00 pm(NZT)

Amazon Faces Investor Pressure Over Facial Recognition

Shareholders are voting on whether to push the tech giant to examine the human rights and financial risks of the surveillance technology.

Source: NYT > Business | 20 May 2019 | 9:00 pm(NZT)

In a Surprise, Japan’s Economy Grew in the First Quarter, Despite a Slowdown in China

But the strong figure masks lingering weakness, giving Prime Minister Shinzo Abe a mixed bag as he tries to strike a trade deal with the U.S.

Source: NYT > Business | 20 May 2019 | 5:53 pm(NZT)

Rain Much on Your Vacation? One Italian Island Offers Hotel Refunds

Tourists who visit Elba, off the coast of Tuscany, get one night back for every day during which it rains for more than two hours at a time.

Source: NYT > Business | 20 May 2019 | 4:18 pm(NZT)

As Thousands of Taxi Drivers Were Trapped in Loans, Top Officials Counted the Money

The government profited and looked away as thousands of immigrant taxi drivers in New York were ravaged by exploitative loans.

Source: NYT > Business | 20 May 2019 | 4:04 pm(NZT)

TripAdvisor Modified Its Approach to Reviews and Sexual Assault. Did It Go Far Enough?

A woman assaulted by a tour guide says the company’s policies discourage reporting and keep travelers from finding out the truth.

Source: NYT > Business | 20 May 2019 | 3:36 pm(NZT)

‘They Were Conned’: How Reckless Loans Devastated a Generation of Taxi Drivers

Thousands of immigrants who were chasing the dream of owning a New York taxi were trapped in reckless loans by bankers who made huge profits, The Times found.

Source: NYT > Business | 20 May 2019 | 2:24 pm(NZT)

Deadly Germs, Lost Cures: Citrus Farmers Facing Deadly Bacteria Turn to Antibiotics, Alarming Health Officials

In its decision to approve two drugs for orange and grapefruit trees, the E.P.A. largely ignored objections from the C.D.C. and the F.D.A., which fear that expanding their use in cash crops could fuel antibiotic resistance in humans.

Source: NYT > Business | 20 May 2019 | 12:29 pm(NZT)

Mediator: Social Media Pollution, a Huge Problem in the Last Election, Could Be Worse in 2020

As a candidate, Donald Trump promoted a mystery Twitter account that falsely portrayed a protester as an ISIS terrorist. Nothing stops him from doing it again.

Source: NYT > Business | 20 May 2019 | 11:49 am(NZT)

Who Is Robert F. Smith, the Man Paying Off Morehouse Graduates’ Loans?

Mr. Smith amassed a fortune estimated to be worth $5 billion by founding a private equity firm. He’s also the chairman of the board of Carnegie Hall.

Source: NYT > Business | 20 May 2019 | 10:58 am(NZT)

As ‘Rocketman’ Prepares to Take Off, Hollywood Holds Its Breath

Depending on ticket sales, the R-rated musical fantasia about Elton John could have ripple effects for its star, its studio and the wider film industry.

Source: NYT > Business | 20 May 2019 | 10:45 am(NZT)

Tech Jobs Lead to the Middle Class. Just Not for the Masses.

The great hope for people without a bachelor’s degree hasn’t yet spread beyond small-scale success stories.

Source: NYT > Business | 20 May 2019 | 7:20 am(NZT)















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